27577 — Smithfield, NC Home Values
Typical home value $294,957 as of June 2026 · 41st of 47 in Raleigh-Cary, NC
Blue: typical home value (Zillow ZHVI) in ZIP code 27577, June 2021 to June 2026. This page shows observed data only; no forecast.
How 27577 compares in the Raleigh-Cary, NC area
ZIP code 27577 (Smithfield, NC) has a typical home value of $294,957 as of June 2026, ranking 41st of 47 ZIP codes tracked in the Raleigh-Cary, NC area, more expensive than about 15% of ZIP codes in the metro. Prices here have moved -0.5% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +27.5%, from $231,317 in June 2021 to $294,957 in June 2026. Against observed rent, the typical home here sells for 13.6× the annual rent ($1,809/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Raleigh-Cary, NC forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Raleigh.
Population and demographics
ZIP code 27577 has a population of 26,946, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 56.6% White, 20.1% Black or African American, 18.7% Hispanic or Latino, 3.3% two or more races, 1.1% Asian, and 0.2% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| The Innovation Academy at South Campus | 521 Martin Luther King Dr, Smithfield, NC | 0.7 mi |
| Johnston Co Early College Academy | 245 College Rd, Smithfield, NC | 0.9 mi |
| South Smithfield Elementary | 201 W Sanders St, Smithfield, NC | 0.9 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 27577?
$294,957 as of June 2026, the latest month Zillow has published observed data for.
Is 27577 an expensive ZIP code in the Raleigh-Cary, NC area?
27577 ranks 41st of 47 ZIP codes in the Raleigh-Cary, NC area by typical home value, more expensive than about 15% of ZIP codes in the metro.
How much have home values in 27577 changed over the past year?
-0.5% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 27577?
The typical home price is 13.6× the observed annual rent in this ZIP code ($1,809/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 27577?
26,946, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 27577?
The Innovation Academy at South Campus (0.7 mi), Johnston Co Early College Academy (0.9 mi), South Smithfield Elementary (0.9 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 27577?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Raleigh-Cary, NC forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.